Effective HR Strategies during an Economic Downturn

The global economy is experiencing an economic downturn that is having a major impact on all industries and all organisations. This has also had significant impact Human resource (HR) departments, Systems and Processes. This dynamic and contemporary course will focus on the latest techniques and approaches that are appropriate in effective management of Human Resources during the economic downtown and during and future crisis.

It will also focus on HR Transformation. HR Transformation is about driving business results and hence this course will help delegates deliver improved HR functionality and services that will align to organisational goals and strategies. This course is all about enhancing the value of HR as a strategic partner.

This training course will highlight:

  • The New HR Models and why they are important for the future of HR
  • Learn about the HR approaches used by the world’s leading organisations
  • How to develop HR Strategy and align HR Strategy to Corporate Strategy


What are the Goals?

By the end of this training course, you will learn to:

  • Describe the role of the HR Department during the economic downturn
  • Formulate a plan to transform HR into a strategic partner
  • Design a business model using the business model canvas for SHRM

Who is this Training Course for?

This training course is suitable to a wide range of HR professionals but will greatly benefit:

  • Anyone involved in HRM at all levels
  • Those who received their HR Training in past years and need to be brought up to date with best practice
  • HR Business Partners & Change Partners
  • Those who have joined a HR Department in past few years but who have no formal HR Training
  • Any existing HRM Staff who need to stay up-to-date on current practices and trends
  • Those who wish to enter the HR field
  • Those studying HRM as part of a MBA Programme
  • Anyone moving into an HR role from another position


Course Outline

Day One: Enhancing the Value of HR as a Strategic Partner

  • An overview of the causes and impacts of the economic downturn
  • New HR Models and why they are more important now than ever
  • Steps needed to form the HR strategy
  • The importance of SHRM metrics
  • Creating an HR business model
  • Business model canvas for SHRM

Day Two: Transforming HRM

  • Becoming a true strategic partner
  • Are you ready to transform your HR Department?
  • The steps for transformation
  • Why Human Resource Planning is essential
  • Is training an investment or a benefit?
  • It’s time to overhaul recruitment and make it a two-way process

Day Three: HRM During Times of Crisis & Transformation

  • Understanding crisis and transformation
  • Is it now time for empowerment?
  • Why we need Change leadership, not Change Management
  • Total reward – you need to have this in place now
  • How to evaluate and prove the value of the HR function
  • Personal action planning


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